NEAR Foundation and Polygon Labs Join Forces to Build Zero-Knowledge Solution for WASM Chains
The zkWASM collaboration leverages Polygon Labs’ groundbreaking zero-knowledge R&D with NEAR Foundation’s WASM expertise, positioning this ZK solution at the forefront of the Web3 market
This announcement brings together two leading protocol teams to build a more secure, interoperable Web3 ecosystem. A zkWASM prover positions NEAR Protocol closer to Ethereum and enables WASM chains to tap into Ethereum liquidity. In the future, through an in-development interoperability layer, chains will also be able to access shared liquidity in a unified ecosystem of CDK-deployed chains, including alternative layer-1s, EVM layer-2s, and WASM chains.
A zkWASM prover will be an upgrade for NEAR validators–instead of the hard work of validating a shard, validators will instead be able to generate a single zero-knowledge proof, greatly simplifying validator requirements. This means better scalability and increased decentralization for the NEAR Protocol.
NF carries out its mission, primarily through the allocation of support and resources to other nodes in the near ecosystem, rather than via direct intervention or operations.
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